30
Nov
03:09
Rio Tinto to invest further $600m in renewables
Global mining group Rio Tinto is planning to invest a further $600 million in renewable energy assets in the Pilbara, as part of the company’s efforts to decarbonise its Western Australian iron ore operations, Kallanish notes.
The investment will fund the construction of two 100MW solar power facilities as well as 200MW of on-grid battery storage in the Pilbara by 2026. This is in addition to the 34MW of solar power installed at the recently commissioned Gud…
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Very good overview of the weekly steel market.
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